Bitcoin sell-side risk hits 2024 low just $10K from BTC price record

For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues. 366 Total views 4 Total shares Despite the cryptocurrency market's prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes…

Ledger’s chief technology officer Charles Guillemet said that the recently revealed vulnerability is nothing more than a user experience flaw. 210 Total views 3 Total shares Leading crypto hardware wallet producer Ledger has denied that its product’s transaction management software featured a double-spend vulnerability.According to Ledger’s CTO Charles Guillemet, the vulnerability recently revealed by software…

A huge surge in over-the-counter (OTC) trading popularity drove major cryptocurrency exchange Binance’s $78 million Q1 profits, crypto news outlet Decrypt Media reported on April 17.Speaking in an interview, CFO Wei Zhou said OTC, which is a method of wholesale cryptocurrency trading for large-scale investors, accompanied a volume uptick as bitcoin (BTC) rose almost $1,300…

Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. 380 Total views 6 Total shares Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Sky…

Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14.SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and…

A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. 22.Per a document obtained by RBC, the head of RSPP Alexander Shokhin criticizes the main draft that was accepted by the Russian…

JPMorgan Chase CEO Jamie Dimon said that he does not think that cryptocurrency projects pose an existential threat to JPMorgan's core business. During an interview with Yahoo Finance on June 27, Dimon discussed crypto’s potential impact on the existing banking system:"We move $6 trillion a day around the world. It is very cheap, very secure, it…

Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May. 320 Total views 20 Total shares Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has…

Social content platform Reddit is continuing to push forward with its Ethereum-powered ‘Community Points’ reward system, announcing that it is seeking developers to help it scale the tokens up for use by all of its 430 million monthly users.On June 19, Reddit revealed it was partnering with the Ethereum Foundation to call for projects building…